BTC$86,537.27+1.32%ETH$2,757.51+0.85%BNB$790.74+0.41%XRP$1.62+6.57%SOL$118.59+1.43%TRX$0.3438−1.40%ZEC$1,613.27+8.00%FIGR_HELOC$1.03+1.77%HYPE$97.30+3.51%DOGE$0.1015+1.28%XMR$572.82−0.13%WBT$86.96+1.23%LINK$13.00+0.46%ADA$0.2572+5.15%
wardcrest

Custodian

A company that holds crypto on behalf of customers and controls the private keys. Exchanges, some ETF issuers and dedicated custody firms are custodians. If the custodian freezes withdrawals, is hacked or becomes insolvent, customers depend on its records and legal process to recover funds.